airdrop
Lighter Team Under Fire After Alleged $7.18M LIT Token Dump Post-Airdrop - CoinGape
📰 sources⭐ 7.0
TL;DR:
Lighter Team Under Fire After Alleged $7.
Key Points:
Background:
Airdrops are distributions of free cryptocurrency tokens to wallet addresses, typically used as a marketing strategy or to reward early users and community members. They've become a popular way for new projects to bootstrap their user base and distribute governance tokens fairly.
Why It Matters:
Airdrops can represent significant value for recipients and serve as an important mechanism for decentralizing token ownership. They influence user behavior, drive platform adoption, and have become a key component of crypto project launch strategies and community building.